BofA lowered the firm’s price target on PVH Corp. (PVH) to $87 from $88 and keeps a Neutral rating on the shares. The firm increased its FY25 EPS estimate as the Q3 beat more than offsets the softer Q4 guidance relative to expectations, while lower its FY26 EPS estimate by 20c to $11.30 to reflect a softer EMEA forecast, the analyst tells investors in a post-earnings note.
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Read More on PVH:
- PVH Corp. price target lowered to $85 from $88 at Wells Fargo
- PVH Hold Rating: Balancing Near-Term Challenges with Long-Term Opportunities Amid Regional Variances
- PVH Corp Exceeds Q3 Guidance, Adjusts Year-End Outlook
- PVH Corp: Strong Buy Rating Amid Growth Potential and Operational Efficiency
- PVH Corp. falls -10.0%
